Mr Rex
Elite Member
- Joined
- Jan 12, 2004
- Professional Status
- Certified Residential Appraiser
- State
- North Carolina
what is the the point of being a licensed appraiser instead of a certified ?
Licensed appraisers can appraise SFR up to $1 mil and multifamily up to 4 units up to $250k.
Certified residential can do SFR or multifamily 1-4 with no upper value limits.
http://www.appraisalfoundation.org/s_appraisal/bin.asp?CID=98&DID=287&DOC=FILE.PDF